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The FED printed 50 billion dollars in the last two days. Liquidity abundance has begun.
This means an increased appetite for risky assets.
In October, a major cleanup was carried out in crypto. Almost all leveraged positions were liquidated. $300 billion was wiped out from the market.
🔸The Fed has entered the interest rate cut process.
🔸 The Fed has stopped reducing the balance sheet.
🔸US-China tensions postponed.
🔸The opening of the government in America is a matter of time.
November should be the month when the declines end and the rise begins. December may be too late...
#bitcoin #altcoin #crypto $BTC $ETH